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ELF to BGN Converter and calculator

ELF/BGN: 1 ELF = 0.4003 BGN. The price of converting 1 aelf (ELF) to Bulgarian Lev (BGN) is 0.4003 BGN today.
ELF
ELF
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ELF to BGN real-time exchange rates, making it easy to convert aelf (ELF) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 ELF is currently valued at 0.40 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ELF is currently valued at 0.40 BGN, which means buying 5 ELF would cost 2.00 BGN. Similarly, лв1 BGN can be converted to 2.5 ELF, and лв50 BGN can be converted to 12.49 ELF, excluding any platform or gas fees.

Convert ELF to BGN

Convert BGN to ELF

aelf
Bulgarian Lev
5000 ELF
2,001.44  BGN
10000 ELF
4,002.88  BGN
In the table above, you'll find a comprehensive ELF to BGN converter that shows the value of aelf in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 ELF to BGN, all the way up to 10000 ELF, providing a clear view of their respective values.
Bulgarian Lev
aelf
10000 BGN
24,982.03 ELF
50000 BGN
124,910.16 ELF
100000 BGN
249,820.31 ELF
In the table above, you'll find a comprehensive BGN to ELF converter that shows the value of Bulgarian Lev in aelf across commonly used conversion amounts. The list covers conversions from 1 BGN to ELF, all the way up to 100000 BGN, providing a clear view of their respective values.

ELF to BGN chart

ELF/BGN: 1 ELF = 0.4003 BGN; 2025/05/28 15:45:42
In the past 1D, aelf has changed -0.81% to BGN. Based on the trend and price charts, aelf(ELF) has changed -0.81% to BGN while Bulgarian Lev(BGN) has changed % to ELF in the last 24 hours.
1D7D1M3M1YAll

ELF to BGN conversion data: Volatility and price changes of aelf in BGN

The highest aelf price in BGN over the past 7 days was 0.4226 BGN while the lowest aelf price in BGN over the past 7 days was 0.3993 BGN. The relative change between the highs and lows in aelf price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and ELF to BGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.4054 BGN
0.4226 BGN
0.4468 BGN
0.6022 BGN
Low
0.3999 BGN
0.3993 BGN
0.3874 BGN
0.3473 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
-0.81%
-2.65%
-6.27%
-13.76%

aelf information

ELF to BGN market statistics

ELF/BGN:
лв0.4003
ELF 24h volume:
лв8,610,754.35
ELF market cap:
лв298,195,392.39
ELF circulating supply:
744.95M ELF

Current ELF to BGN exchange rate

aelf to Bulgarian Lev is falling this week.
aelf's current market price is лв0.4003 per ELF, with a total market cap of лв298,195,392.39 BGN based on a circulating supply of 744,952,640 ELF. The trading volume of aelf has changed by -6.55% (лв-603,812.11 BGN) in the last 24 hours. Last trading day, ELF's trading volume was лв9,214,566.46.

More info about aelf on Bitget

Bulgarian Lev information

About the Bulgarian Lev (BGN)

What Is the Bulgarian Lev (BGN)?

The Bulgarian Lev, abbreviated as BGN and often denoted by the currency sign" лв", is the official currency of Bulgaria. BGN is a fiat currency, which is government-issued currency not backed by a physical commodity but rather by the government that issued it. The name 'lev' means 'lion' in old Bulgarian, symbolizing strength and valor. It is divided into 100 stotinki, reflecting the currency's precision and stability. The Bulgarian Lev is the sole legal tender in Bulgaria, and it is used for all transactions within the country.

The Bulgarian Lev is issued by the Bulgarian National Bank, which is the central bank of Bulgaria. The Bulgarian National Bank is responsible for the issuance and regulation of the nation's currency, as well as overseeing monetary policy and maintaining financial stability in Bulgaria.

What Is the History of BGN?

The lev was introduced in 1881, mirroring the value of the French franc. It underwent various transformations, including changes in its gold and silver backing and its pegging to other currencies like the German Reichsmark and the Soviet ruble. Post-World War II inflation led to the introduction of a new lev in 1952, pegged to the U.S. dollar. Subsequent redenominations in 1962 and 1999 aimed to stabilize the currency amidst fluctuating economic conditions, reflecting the country's efforts to maintain economic stability.

The most recent redenomination in 1999 pegged the lev to the Deutsche Mark, and later to the euro, at a fixed rate of 1.95583 BGN to 1 EUR. Bulgaria's accession to the EU in 2007 and its participation in the ERM II since 2020 are significant steps towards adopting the euro, expected in 2024.

Notes and Coins of BGN

The banknotes are available in denominations of 1, 2, 5, 10, 20, 50, and 100 leva, featuring prominent Bulgarian historical figures and landmarks, symbolizing the nation's pride and history. The coins, known as stotinki, come in smaller denominations of 1, 2, 5, 10, 20, and 50 stotinki, and 1 lev, showcasing intricate designs that often include the Madara Rider, a UNESCO World Heritage Site, and other national symbols.

Is BGN Pegged to EUR?

Yes, the Bulgarian Lev (BGN) is pegged to the Euro (EUR). The peg is set at a fixed exchange rate of 1.95583 BGN to 1 EUR. This fixed rate has been in place since the redenomination of the lev in 1999, when Bulgaria aligned its currency with the Deutsche Mark, which was subsequently replaced by the Euro.

Will Bulgaria Adopt the Euro as Its Currency?

As of January 2024, Bulgaria is on track to adopt the Euro as its official currency. Having joined the European Union in 2007, the country made a significant step by entering the Exchange Rate Mechanism II (ERM II) in July 2020. This is a crucial stage in the process of adopting the Euro, requiring Bulgaria to maintain economic stability and meet the European Union's convergence criteria. The Bulgarian Lev is currently pegged to the Euro, which is a part of aligning Bulgaria's monetary policy with that of the Eurozone. The exact date when Bulgaria will fully adopt the Euro depends on meeting all the necessary economic requirements and obtaining approval from the European Union's institutions.

Bitget crypto-to-fiat exchange data shows that the most popular aelf currency pair is the ELF to BGN, with for aelf's currency code being ELF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BGN.

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How to convert ELF to BGN

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Buy ELF (or USDT) for BGN (Bulgarian Lev) offers
Bitget P2P trading does not currently support direct buying of ELF with BGN. However, you can buy USDT in Bitget P2P trading first, and then buy ELF with USDT via Bitget spot market.
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ELF to BGN Conversion tables

The exchange rate of aelf is decreasing.
The exchange rate of 1 ELF to Bulgarian Lev has changed by -2.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.81%, reaching a high of 0.4054 BGN and a low of 0.3999 BGN . One month ago, the value of 1 ELF was лв0.4271 BGN , which represents a -6.27% change from its current value. Over the last year, aelf has changed by
-лв
0.4949BGN
, resulting in a change of -55.28% in its value.
24 hours ago1 month ago1 year ago
Amount15:45 today24 hours ago24h change
0.5 ELF
лв0.2001лв0.2018
-0.81%
1 ELF
лв0.4003лв0.4035
-0.81%
5 ELF
лв2лв2.02
-0.81%
10 ELF
лв4лв4.04
-0.81%
50 ELF
лв20.01лв20.18
-0.81%
100 ELF
лв40.03лв40.35
-0.81%
500 ELF
лв200.14лв201.77
-0.81%
1000 ELF
лв400.29лв403.54
-0.81%

ELF to BGN FAQ

How much is 1 aelf in BGN?
Right now, the price of 1 aelf (ELF) in Bulgarian Lev (BGN) is лв0.4003.
How much ELF can I buy for 1 BGN?
Based on the current exchange rate, you can get 2.5 ELF for 1 BGN.
How do I calculate or convert ELF to BGN?
You can use our ELF to BGN calculator at the top of this page to convert any amount of ELF to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 12.49 ELF, while 5 ELF will cost around 2BGN.
What is the highest price of ELF/BGN in history?
The all-time high price of 1 ELF in BGN is лв4.78. It remains to be seen if the value of 1 ELF/BGN will exceed the current all-time high.
What is the price trend of aelf in BGN?
Over the past 7 days, the exchange rate of aelf (ELF) has gone down by 2.65%.   Over the last month, the exchange rate of aelf (ELF) has gone down by 6.27% against Bulgarian Lev (BGN).

What factors influence the conversion rate of ELF to BGN?

There are many factors that affect the relationship between aelf and Bulgarian Lev, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of ELF/BGN. When there is positive news in the market about the widespread adoption of ELF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ELF/BGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ELF/BGN.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of ELF/BGN. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of aelf and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.